Bull Season Has Started. Weekly and Monthly charts going UP!
As we can see in the weekly chart, the price of the BTC is starting to project to the upper green area. The same happens with the monthly chart which was in the red bearish area since October 2018 and now it's turning bullish.
Last days, BTC has been breaking resistances slowly but steadily. Of course, we will see small corrections but from now I believe the price will start moving upwards.
The next resistance is around U$10500
This is not financial advice
Last days, BTC has been breaking resistances slowly but steadily. Of course, we will see small corrections but from now I believe the price will start moving upwards.
The next resistance is around U$10500
This is not financial advice
Trade active
Just like I mentioned before, we are in a bullish trend. Bitcoin is getting parabolic. Slowly but steady, however, there is a big 1W resistance between 10300 and 10500. Reaching that point I think we should see a correction at least to 9600, although if the correction gets momentum, it could even touch 8200 before Bitcoin continues its way to the next resistance.Trade closed: target reached
DONE! We reached the target $10,300
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.